What is the with 12 monthly payments

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Question: Jesse Procter obtained an installment 21. Laura and Dwayne Knight purchased loan of $3,500 to have some storm- a new riding lawn mower for $7,500. damaged trees in his yard removed They agreed to make a 25% down The APR is 12%, and the loan is to payment and to finance the remainder be repaid in 30 months. What is the with 12 monthly payments. The APR is 9%. What is the finance charge? finance charge?

Reference no: EM133715909

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